What is Transcodium and Transcoding?
Transcodium is the first decentralized blockchain based file transcoding and distribution platform. Transcoding is the process of converting files or video to a different type of file formats, depending on where it will use such as smartphones, desktop, and TV. You’re favorite streaming sites such as facebook and youtube is using the cloud transcoding system because it is provided with of the most and cost-effective offerings in the hosting industry today. But the problems will occur when you are starting to process a large scale of files like having long waiting time, higher processing cost and worst come to worst you will lose your data. As a solution Transcodium will solve these problems, since it is decentralized it will provide an unlimited processing and a supersonic transcoding at a lower price. Transcodium will provide an API, a visual studio for complex editing and console application, and users can export their process files to different storages that are available and even in social media platforms such as Facebook and Dropbox.
Typical Transcodium’s Master Node
Half of the raised funds will go the development of the project, another 20% will go the PR marketing and Bran Awareness, 15% will also go to Operational Expenses, Legal & Insurance will use the 10% of the raised funds and the rest 5% funds will be used to Company Expansion and Miscellaneous Budget.
Most of the tokens will be available during public crowd-sale (72%), For Bonuses and Discounts 4% of the total supply of tokens will be allocated, Only 4% for the Advisors and Partners, 9% for the Marketing, 1% for the Bounty to help on the promotion of Transcodium and 10% for the team who work tirelessly for this great project.
The Company who develop transcodium has already an existing product on media transcoding. Their plan is to redevelop the platform by using the blockchain and decentralized technology in this they will help to provide cheaper and reliable transcoding services to customers. This will only happen by expanding their team and can be achieved if they will raise enough funds from the ICO on this project. So don’t miss your chance to be part of this marvelous project and be one of the first owners of TNS tokens. You can still avail the 5% off if you purchase TNS token today. TNS tokens are almost sold out and they already passed their required soft cap so this project will eventually happen. Rest assured that your investments are already in good hands. First you need to register here: transcodium.com.
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